Common use of Change in Management or Control Clause in Contracts

Change in Management or Control. Either Xxxxxxx Xxxxxxxx or Xxxxxxx Xxxxxxxxxxx shall cease or fail for any reason to serve and function as Co-CEO of BreitBurn GP LLC and shall not be succeeded in such position or other comparable position acceptable to the Lenders, within sixty (60) days by a Person acceptable to the Lenders or there shall occur a Change of Control; or

Appears in 2 contracts

Samples: Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)

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Change in Management or Control. Either Both Xxxxxxx Xxxxxxxx or and Xxxxxxx Xxxxxxxxxxx shall cease or fail for any reason to serve and function as Co-CEO of BreitBurn GP LLC and neither shall not be succeeded in such position or other comparable position acceptable to the Majority Lenders, within sixty (60) days by a Person acceptable to the Lenders Majority Lenders; or there shall occur a Change of Control; oror Second Amended and Restated Credit Agreement – BreitBurn Operating L.P

Appears in 1 contract

Samples: Credit Agreement (BreitBurn Energy Partners L.P.)

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Change in Management or Control. Either Both Xxxxxxx Xxxxxxxx or and Xxxxxxx Xxxxxxxxxxx shall cease or fail for any reason to serve and function as Co-CEO of BreitBurn GP LLC and neither shall not be succeeded in such position or other comparable position acceptable to the Majority Lenders, within sixty (60) days by a Person acceptable to the Lenders Majority Lenders; or there shall occur a Change of Control; or

Appears in 1 contract

Samples: Credit Agreement (BreitBurn Energy Partners L.P.)

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